Business news

Hamleys opens Europes largest toy store in Moscow

Undeterred by the economic crisis in Russia, toy giant Hamleys chose Moscow to open Europes biggest toy store on 31 March.

Mar 31, 2015

Money Talks: Shop till you drop with Debenhams and SuperDry

A combination of rising employment, rising wages and lower petrol prices are driving greater consumer activity.

Mar 31, 2015

Snapdeal Buys RupeePower, to Provide Financial Services

Snapdeal announced it is acquiring majority stake in RupeePower.com, an online distribution platform for loans, credit cards and other financial products.

Mar 31, 2015

Will Foreign Investors Pull Out From India to Invest in China?

As the Indian stock market lags behind other emerging markets, particularly China, there is a feeling that money could fly out of the country to lucrative markets.

Mar 31, 2015

niti aayog, i tax exemption limit, income tax rates, income tax slab, budget 2017

I-T Department 'Names and Shames' Defaulters, 11 out of 18 Top Tax Evaders from Gujarat

The I-T department published the list on its website and several newspapers also carried it.

Mar 31, 2015

Tesla CEO Musks upbeat tweets about China boost stock

Elon Musk, the widely followed chief executive of electric car maker Tesla Motor, tweeted several optimistic statements about the companys sagging China operations on 30 March, sparking a sharp rebound in the companys stock.

Mar 31, 2015

The new Hyundai Genesis is displayed during the press preview day of the North American International Auto Show in Detroit, Michigan

Hyundai Motor Plans to Sell Self-Driving Cars by 2020

The South Korean automaker already carries autonomous features in luxury vehicles like the Genesis.

Mar 31, 2015

Crude Oil Prices Could Fall into $40-50 Range Again: Barclays

Already reeling from excess supply, crude oil prices may fall further if sanctions on Iran are eased, since supplies from Iran would double the surplus, currently estimated at 1.2 million barrels a day.

Mar 30, 2015

Motorola Moto E (2 Gen) 4G Tipped to Release Soon in India; Gets Listed on Flipkart

Flipkart in Talks to Raise up to $800M; Co-Founders to Turn Billionaires

India's e-commerce giant Flipkart seems relentless in its efforts to ride big on the online shopping wave.

Mar 30, 2015

Airtel, Vodafone, Idea Planning Hike in Call Rates, Reduce Data Charges

The plan to consider reducing data charges stems from the fact that more users are preferring data-high usage plans, enabling operators to bring down costs.

Mar 30, 2015

Falling Demand, Competition Force Car Makers to Extend Discounts

As of now, car companies are extending discounts on as many as 144 models; only six models are selling at ex-showroom price.

Mar 30, 2015

Long Bank Holidays to Disrupt Financial Transaction, Salaries, Says Assocham; Seeks Help From RBI

The banks will remain open for just two days between 28 March and 5 April.

Mar 29, 2015

Apple iPhone 6 Plus Design Clone Spice Mi-549 Listed Online in India; Price, Specifications Details

Bullish Dollar, China Slowdown to Hit Global Smartphone Sales in 2015

After witnessing a fast growth in the past two years, the global smartphone industry is expected to slow down sharply this year, as the strengthening dollar makes smartphones expensive in key markets.

Mar 28, 2015

BlackBerry Passport-Lookalike Oslo Leaks Online: New Design, Specs And Features Revealed

BlackBerry's Turnaround Strategy Paying Off

BlackBerry's efforts to make a turnaround seem to be paying off, as the struggling handset maker posted profit in the last quarter of its financial year, even though revenues continue to slide.

Mar 28, 2015

Pirelli CEO sees strong future with ChemChina

Italian tyre maker Pirelli has had no contacts over a possible counterbid that would trump a buyout offer by China National Chemical Corp, its chairman and chief executive Marco Tronchetti Provera said in an interview on 26 March.

Mar 27, 2015